SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

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Research and Development Forecast of China Propylene Market, 2013-2015

DUBLIN, April 10, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7hk6wg/research_and) has announced the addition of the "Research and Development Forecast of China Propylene Market, 2013-2015" report to their offering. 

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

In 2012, the total global production capacity of propylene was about 104 million tons; the cracking propylene accounted for 57% of the total production capacity; refinery propylene accounted for 33% and the propylene with other processes account for about 10%. Asia, North America and West Europe etc. have been always the world most concentrated production places of propylene. 

As the domestic ethylene and large refinery projects are controlled by the national macro policy, coupled with the difficult implementation of the crude oil source of small refinery enterprises, the domestic propylene production is highly monopolized. In 2012, China's total production capacity of propylene was about 17 million tons, the devices of which mainly concentrated in the top two groups, namely Sinopec Group and CNPC, accounting for about 90% of China's total production capacity. In addition, CNOOC has a set of propylene device with the production capacity 500,000 tons per year; some subordinated refinery enterprises with small scale of CHEMCHINA, Sinochem International Corporation and other companies also produce the propylene; adding the some small refinery enterprises, all these above form China's propylene production pattern. 

At present, there are more than 70 propylene manufacturers in China, whose production mainly concentrates in Northeast, Northwest, East and South China; the annual production capacity of most enterprises exceeds 100,000 tons, however, the propylene of these enterprises are basically used for the production of polypropylene and other chemical derivative products with little commercialization. The domestic new projects or large-scale capacity expansion also basically comes from these refineries. The propylene manufacturers that can make the propylene commercialized and sold in the market mainly concentrate in Shandong province and West China as well as some particular manufacturers in North China and East China. 

As the market situation of 2013-2014 shows, the dehydrogenation of propane to propylene device of private enterprises will be sequentially put into operation and then China's propylene supply pattern will have a shift:The import will decline and the market control capability of Sinopec Group and CNPC will be decreased. 

Key Topics Covered: 

1. Overview of Propylene
2. Status Quo of Foreign Propylene Industry
3. China's Propylene Environment 
4. Status Quo of China's Propylene Industry
5. China's Propylene Market Supply and Demand
6. Imports and Exports of China's Propylene Products 
7. Technology Development of China's Propylene Products
8. Major Propylene Enterprises 
9. China's Propylene Future Development Trends 

Companies Mentioned: 

  • CNOOC and Shell Petrochemicals Company Limited (CSPC)
  • CNPC Dushanzi Petrochemical Company
  • Shanghai SECCO Petrochemical Company Limited
  • Sinopec Beijing Yanshan Company
  • Sinopec Shanghai Petrochemical Company Limited

For more information visit http://www.researchandmarkets.com/research/7hk6wg/research_and

Media Contact: Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

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